Owing Back Taxes

Owing back taxes is more common today than ever.Back taxes expire under operation of law after 10 years from the date that they came due.  Yes, it’s true.  IRS tax debts disappear after 10 years if the IRS has not been able to collect them.  There are some extremely rare cases where back taxes may last longer than 10 years.  If this has occurred, please consult with a competent tax attorney.
Back taxes refers to delinquent taxes which are overdue. Back taxes come into existence a few different ways.
Back taxes expire under operation of law after 10 years from the date that they came due.  Yes, it’s true.  IRS tax debts disappear after 10 years if the IRS has not been able to collect them.  There are some extremely rare cases where back taxes may last longer than 10 years.  If this has occurred, please consult with a competent tax attorney.
Back taxes refers to delinquent taxes which are overdue. Back taxes come into existence a few different ways.
Back taxes can be reduced if the IRS agrees to accept an offer in compromise from the taxpayer.  In this instance the IRS recognizes that the settlement of an offer in compromise with taxpayer is more valuable than trying to collect the unpaid back taxes over a long period of time.
Luckily, CLG Professional Services specializes in helping their clients get on payment plans or reduce and possibly eliminate the amount their clients need to pay in taxes. Our professionals have helped our clients save thousands on their taxes, let us help you! Call CLG Professional Services today at 214-383-5690, we are available for appointments 7 days a week.

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